This is the 16th consecutive year that Garrigues has published its Integrated Report. This report corresponds to the Garrigues 2021 fiscal year (January 1, 2021 through December 31, 2021).

In preparing the 2021 report, we have taken into account the guidelines and recommendations of the Integrated Reporting Framework published by the Value Reporting Foundation in January 2021, applying them to Garrigues’ business and specific situation. In particular, pages 19 – 52 provide detailed information on our capital: human, intellectual, social and relationship, natural, and financial. We have also applied the GRI Standards.

2021 was another complicated year. Covid-19 continued to exact a heavy toll on society, with profound consequences. The pandemic fast-tracked many of the business trends that had emerged in recent years, requiring great effort on all sides to adapt and adjust.

In terms of ESG, the central theme of this year’s Integrated Report, which it is my pleasure to present, our progress can be measured in leaps and bounds. Relationships between organizations and their stakeholders are being redefined from multiple standpoints and throughout the entire value chain. At the same time, our lives are being transformed by technology and the need to support sustainable development, human rights and climate action.